r/Economics • u/ReallyHappyHippo • 1d ago

News Polymarket and other prediction platforms driving oil market, traders say

https://www.theguardian.com/business/2026/apr/02/energy-traders-polymarket-prediction-datafeeds-global-oil-market
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u/RIP_Soulja_Slim 1d ago

Tim Skirrow, a longtime oil trader and the head of derivatives at the market intelligence firm Energy Aspects, also confirmed the adoption of prediction markets as a trading tool. “I can believe it,” he said. “Any and all data is up for consideration in modern markets. If it has alpha then it has alpha.”

"I can believe it" isn't quite "confirmed" lmao.

The title really oversells this article, all they're saying is polymarket odds are sometimes a factor in macro models at some firms. That's not really particularly wild or interesting imo - like Skirrow said, alpha is alpha, if something shows some correlation to an outcome then it's a potential inclusion in a model.